Uganda’s economy shrank in 2020 for the first time in more than a decade as measures to control the coronavirus pandemic ground several sectors to a halt, figures published on Monday showed
Nation Media Group Uganda, the media company, plans to dismiss staff as part of a restructuring seeking to “accelerate our digital transformation” and in response to effects of the Covid-19 pandemic
Power distributor Umeme Limited on Tuesday blamed a “challenging operating and regulatory environment” for the sharp fall in 2020 profits
Uganda and Tanzania have postponed a high-profile meeting on the East African Crude Oil Pipeline, initially scheduled for Monday, following the death of Tanzanian President John Magufuli
Covid-19 has emphasised the need for African consumers to protect themselves against risks during crises but they do not always know how to plan for it
John Joseph Pombe Magufuli was a man who deftly played the long political game. He was nevertheless a puzzle both to Tanzanians and the world
Africa’s top coffee exporter registered the highest monthly shipments this year in February following the fruition of newly planted coffee and favourable weather
The Uganda monthly goods trade deficit narrowed at the sharpest rate since 2019 in May as both exports and imports fell, most certainly due to election-related uncertainty
Bank lending to businesses and households grew at the fastest rate in four years in January, even as policymakers sounded the alarm over weak credit to the trade sector and several service sub sectors
Sokowatch, the e-commerce platform that supplies and finances mom-and-pop shops across East Africa, has been named in Fast Company’s annual list of the World’s Most Innovative Companies for 2021